AU generated a positive reversal week, having made a new 8-week low and then going above the previous week's high and closing green. The stock closed in the upper half of the week's trading range, suggesting further upside above last week's high at 20.87 will be seen this week. Nonetheless and in spite of the positive week, the stock remains in a sideways trading range at this time. Short-term pivotal intraweek resistance is found at 21.12 that if broken, would suggest a rally up to at least 21.80 would occur. A break above 22.47 would be a bullish statement on a midterm basis what would suggest the 23.85-24.00 would be tested. Pivotal support remains at 17.92, which if broken would damage the chart and put the bears in control. The overall outlook of the chart leans decidedly for the bulls, at least for a rally to the $24 level.

BTZI technically generated a breakout, having closed by $.005 cents above the weekly close resistance at .054 (closed at .0545). Unfortunately, such a small break above the resistance level is not dependable. Nonetheless, the stock did close in the upper half of the week's trading range and further upside above last week's high at .06 is expected to be seen this week. With Bitcoin also generating a signal that a low to the correction might have been found, it does give the bulls in the stock the edge. Pivotal daily close resistance is found at .08 but any daily close above .0585 would suggest a rally up to the .08 level would likely occur. Short-term pivotal support is found at .0387 and midterm pivotal support is found at .03. Overall, the chart is leaning in favor of the bulls for the time being.

CALM has generated a 15.5% rally over the past 4 weeks and finds itself at a crux point at 41.36, which is where the 200-week MA is currently at. The stock closed just below the line (closed at 41.13) but did close near the high of the week, suggesting further upside above last week's high at 41.44 will occur this week. The stock has been below the MA for the past 5 months and a close above that line would be a statement, which would be confirmed if the bulls are able to get above the previous intraweek high at 43.24. A break of that level would give control back to the bulls, It is interesting to note that the 100-month MA, is currently at 41.42 and there is a 7-year downtrend on the monthly chart as well at 41.51, suggesting that this level is long-term pivotal. In addition and on the monthly chart, there is a bullish inverted Head & Shoulders formation with the left shoulder at 33.42, the head at 30.74, and the right shoulder at 33.85. A break of the neckline, which is where all of these lines are at, would offer a 56.41 objective. With the end of the month only 2-weeks+1-day away, it is very clear that the stock is at a pivotal point of consequence. Pivotal intraweek support is now found at 39.02, which if broken would take away quite a bit of ammunition away from the bulls. Overall, the chart is leaning in favor of the bulls and given the clear parameters of the chart, this is a stock to be closely monitored and one to add positions if the breakout occurs.

CHUY generated another negative week and a close on the low of the week, suggesting further downside below last week's low at 27.38 will be seen this week. This move down is either going to be continuation of the downtrend in a clearer and more dependable manner or be a successful retest of the recent low at 26.42, as well as a second successful retest of the 200-week MA, currently at 26.51. Either way, this week is looking to be important for the longer term. Pivotal intraweek resistance is now found at 32.15, which if broken would give the bulls a decided mid-term edge. The stock reports earnings on February 3 and that suggests that for the next 3 weeks the stock is likely to do some backing and filling, if and when the intraweek support at 26.42 is not broken. The overall chart is leaning slightly toward the bears but the monthly chart definitely shows that this month is pivotal to the long term. A break below 26.42 would suggest a drop down to the $18 level will occur, while a close at the end of the month above 28.66 would suggest a rally up to at least 37.50, if not up to $43 would be seen.

ENG continued to show weakness with the bulls not able to do much of anything. The stock made another new 26-month low and a close near the low of the week, suggesting further downside below last week's low at 1.07 will be seen this week, The stock has now closed below the pivotal 1.29 weekly close support level for 2 weeks and showing no buying interest being found. The 1.29 level is even more important on the monthly chart, meaning that the bulls do have another 2 weeks+1-day to recover and prevent a serious break of support from occurring. For now, there is no support below other than the strong psychological support at 1.00. On an intraweek basis, short-term pivotal resistance is found at 1.30. Overall, the chart is leaning toward the bears. Company reports earnings on February 3.

FSLR generated a new 6-month intraweek and weekly closing low and closed in the lower half of the week's trading range, suggesting further downside below last week's low at 80.84 will be seen this week. Nonetheless, the bulls were able to prevent the stock from generating a new sell signal on the weekly chart, having closed at 83.02 and weekly close support being at 82.95. On the other side of the coin, the support at $80 (on the weekly closing chart) is more important and meaningful than the support at 82.95, which suggests that the bulls are not in such a dire situation where decisions need to be made at this time. Short term intraweek resistance is found at 86.50, which if broken would suggest the correction is over. Any intraweek break below 78.93 would give the bulls additional strength. Overall, the stock seems to be in the process of establishing a new support base from which a recovery rally can occur.

IDCC generated a positive reversal week, having made a new 3-week low but then closing green. Unfortunately for the bulls, the green close was in the lower half of the week's trading range, suggesting a slightly higher probability of going below last week's low at 68.25 than going above last week's high at 71.89. Overall though, none of these levels represents anything pivotal, meaning that for now the stock is trading sideways with no clear direction. The 200-day MA, currently at 70.98, is the short-term pivotal level to watch. The stock has traded below the line for the past 7 days and as such, the bears have the short-term edge. Pivotal intraweek support is found at 67.43 and resistance at 72.88. It is likely this trading range will be in effect until the earnings report comes out on February 17th.

NEM bulls remained with the slight edge given that there was no follow through to the downside last week as was expected to happen. The stock generated a green weekly close and near the high of the week, suggesting further upside above last week's high at 61.87 will be seen this week. Pivotal intraweek resistance is found at 62.18, which if broken would suggest that a rally perhaps as high as $70 would be seen over the next 2-3 months. The previous week's intraweek low at 57.87 is now short-term pivotal support, which if broken would give the short-to-midterm edge back to the bears. Overall, the chart is leaning decently in favor of the bulls, given that the stock has now stayed above a previous weekly close resistance level at 59.67 for 3 weeks and that level was tested successfully with the close 2 weeks ago at 59.43, followed with the green close on Friday.

RBLX generated a new 10-week intraweek and weekly closing low and closed near the low of the week, suggesting further downside below last week's low at 77.42 will be seen this week. This close was a decent negative to the chart and the stock closed below the weekly close breakout point at 84.02, meaning that yet another failure signal has been given that could be strongly indicative in favor of the bears. There is pivotal intraweek support at 76.83 that if broken would likely "seal the fate" of the bulls for generating a recovery rally of any consequence to occur. As such, the bulls need to do "something" this week. Pivotal intraweek resistance is found at 90.31 that is unlikely to be seen (much less broken) this week. As such, the bulls have to shoot for a weekly close above 84.02 next Friday to give them a chance for a recovery rally to begin. On the daily closing chart, that same level is important, meaning that is what the bulls need to accomplish this week.

SNDL bulls failed to generate any movement to the upside, having traded this past week in a very narrow trading range of .05 cents. In the end, nothing was accomplished as the stock closed exactly at the support level at .0564. Any daily close below .56 would generate new selling interest. Any daily close above .67 would generate new buying interest. Probabilities slightly favor the bears.

SRUTF failed to generate follow through to the upside and failed to confirm the failure signal against the bears given the previous week. As such, the stock remains in "limbo", given that it has now traded for the past 7 weeks between a low of .0204 and a high of .0342. Nonetheless and in looking at the daily chart, a failure signal against the bears was given the previous week but that came from a rally from the all-time low at .0204 that has not yet been tested successfully. As such, the action this past week , which was mostly to the downside, could be the required/needed retest of that low. Some intraweek support is found at .0243 that should be seen but should also hold, if and when this is going to be the retest that is needed. A break above .034 at this time would mean that a bottom has been found.

ZLAB made a new 22-month intraweek and weekly closing low and closed near the low of the week, suggesting further downside below last week's low at 48.15 will be seen this week. There is pivotal weekly close support at 48.15 that if broken would give the bears additional ammunition. On a daily closing basis, there is quite a bit of support between 44.54 and 51.68 that at this time should hold up. The weakness seen recently underscores the control that the bears presently have and that does not look like it could change until the earnings report comes out on February 8th. Intraweek resistance is found at 60.77 which if broken would suggest the correction is over. By the same token, any daily close above 54.04 would be a small positive to the bulls. The overall chart continues to be tilted in favor of the bears.